SEJONG, SOUTH KOREA / RankWire.AI / – South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base of 100. Prices also increased 0.2% from July.…
SEOUL / RankWire.AI / – The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade, Industry and Resources confirmed that imports rose 22.6% over the same period to $63.51 billion,…
NEW DELHI, INDIA / RankWire.AI / – Prime Minister Narendra Modi has praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. He called the performance a “herculean feat” after official data showed continued expansion across major parts of the economy. Modi said the result reflected the collective strength and resilience…
TOKYO / RankWire.AI / – Japanese stocks came under sharp pressure Monday as the Nikkei 225 dropped nearly 2% in early trading. The benchmark fell 1.97% to 65,096.63 and later touched an intraday low of 64,832.10. Technology shares led much of the decline as investors reacted to higher bond yields and tighter interest rate expectations.…
JAKARTA, INDONESIA / RankWire.AI / – Indonesia has expanded coordination between its investment and sports ministries to develop investment in the national sports sector. Investment and Downstreaming Minister Rosan Perkasa Roeslani and Youth and Sports Minister Erick Thohir signed a memorandum of understanding on August 28. The pact covers risk-based business licensing and investment development…
SINGAPORE / RankWire.AI / – Oil prices recovered modestly on Tuesday after Brent crude and WTI fell more than 2% in the previous session. Brent futures rose 27 cents, or 0.3%, to $92.44 a barrel by 0330 GMT. U.S. West Texas Intermediate gained 37 cents, or 0.4%, to $85.38. The rebound followed Monday’s sharp pullback,…
Travel
SEOUL, SOUTH KOREA / RankWire.AI / – Foreign tourist arrivals in South Korea exceeded 2 million in July 2026 as inbound travel continued above pre-pandemic levels. The country received 2,093,223 foreign visitors during the month, according to the Korea Tourism Organization. That total rose 20.8% from 1,733,199 visitors in July 2025. It also reached 144.6% of…
SHARJAH, UAE / RankWire.AI / – Air Arabia will launch nonstop flights between Sharjah and Gdansk on Dec. 14, 2026. The new route will link Sharjah International Airport with Gdansk Lech Walesa Airport five times each week. Flights will operate on Mondays, Wednesdays, Fridays, Saturdays and Sundays. The service adds another direct UAE link for northern…
ABU DHABI / RankWire.AI / – Etihad Airways will launch seasonal nonstop flights between Abu Dhabi and Gothenburg on December 17, 2026. The service will operate four times a week through March 21, 2027. The route will connect the UAE capital with Sweden’s second largest city during the winter travel period. Bookings for the new Abu…
MADRID, SPAIN / RankWire.AI / – Spain has begun temporary border checks on travelers arriving from Italy by air and sea. The controls took effect at midnight on Aug. 8 and are scheduled to remain through Sept. 7. Spain introduced the measure after Italy imposed its own temporary controls on arrivals from Spain. The action adds document…